Loren Rodgers
At the NCEO, we talk with a lot of people from a lot of creative companies. Here are two of the thought-provoking ideas we’ve heard in the last few weeks. Please borrow and adapt these ideas – and let us know what you do with them!
Loren Rodgers
The election for the NCEO’s board of directors opens on January 3 for three-year terms that begin on April 1, 2024. NCEO members in good standing will receive an email on January 3 with the subject line "Invitation to the ballot for the NCEO board elections," which will include a link to a confidential electronic ballot. Directors will be selected through this election and by appointment by the existing board. Balloting will end on January 19.
Loren Rodgers
When it comes to replacing the chief executive, every company knows it needs to make a plan, even if it doesn't have one yet. But what about succession planning for other key leaders and roles? More than one cohort of the NCEO’s CEO network dug into this topic last month. Rather than try to cover succession planning comprehensively, this blog post shares some of the thought-provoking ideas from those discussions.
Loren Rodgers
New research released on October 19, 2023 on employee ownership in the United Kingdom – the People Powered Growth Report – suggests the UK’s employee ownership sector is outperforming the UK’s national productivity while contributing to several measures of employee and community wellbeing. The report also notes that the number of employee-owned businesses in the UK increased by 30% over the last year.
Loren Rodgers
Artificial Intelligence will change how businesses operate, but is its impact any different in an employee-owned company? The CEOs of the ESOP companies that participate in the NCEO’s CEO network discussed opportunities and threats, and this blog post extracts a few highlights from their confidential conversations.
Loren Rodgers
Annual elections for our board of directors will take place in January. NCEO members in good standing are invited to nominate themselves or other members during the nomination window, from now through December 8.
Loren Rodgers
It has been just over 100 days since the Employee Ownership Expansion Network and the National Center for Employee Ownership announced the official collaboration of our organizations at the NCEO conference in Kansas City. Some highlights of the first 100 days of our joint work include:
Loren Rodgers
On August 9, the IRS issued a press release warning about tax avoidance in employee stock ownership plan (ESOP) transactions. It is not clear what prompted the memo or whether there are any specific transactions that the IRS is investigating.
Loren Rodgers
The IRS issued a news release on August 9 stating that as part of “an expanded focus on ensuring high-income taxpayers pay what they owe,” it was warning “businesses and tax professionals to be alert to a range of compliance issues that can be associated with Employee Stock Ownership Plans (ESOPs).”
